Jan 14, 2013 7:00am PST
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Jan 14, 2013 7:00am PST
many workers were surprised to see higher payroll taxes in the first paycheck of the year. it shrank take home earnings bys by 2% or more. a temporary cut in social security and medicare taxes expired as part of the fiscal cliff compromise. >>> and sunny california has turned into shivering california. frost and freezing temperatures are blanketing the state for the fourth night in a row. so far, citrus growers say they protected their crops using water and heaters. no significant crop damage is reported. overnight temperatures in los angeles over the weekend were in the 30s and in the 20s near san francisco. that's why everybody was cold. >> and we were >>> that's why i love the weather. it's always strange. and it is very cold out there right now. in fact, chilly temperatures in the bay area in the 20s and the 30s. we're currently under a freeze warning at this time. nice and clear. that cold air setting overhead freeze warnings up in many of the valleys. temperatures these numbers in the 20s and 30s. by the afternoon, highs only expected to be in the 40
Jan 15, 2013 8:00am PST
at their check. i guess it was last week, when they saw the big cut in the social security payroll tax. it was a jump. you have less money now. so many things are affected unfortunately. coming into february, here we are again going to be with spending cuts going to kick in officially. all of this will affect unfortunately the markets. it will be a little rough. the economy is fragile. don't get a deal, jenna. you're looking at recession. fitch knows that. investors know that. we're watching it here at fox business. a little rough. jenna: all right. those are the stakes, recession or not. we'll watch this very closely over next couple weeks. cheryl, thank you. >> you bet. jon: after weeks of delay, secretary of state hillary clinton will testify on capitol hill about the benghazi attack on january 23rd. the secretary will face some tough questions from the house foreign affairs committee about the assault in september that left four americans dead including u.s. ambassador chris stevens. miss clinton was set you would to testify last month but she suffered a concussion falling during i
Jan 17, 2013 6:00pm EST
of the upcoming debt ceiling and laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jelly sandwiches rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, double where we were not that long ago, and the analysts were determined to tell you housing is about to go all tepid, numbers don't fit into the scenario, not a negative one and that's the story of the market right now bullish backs getting in the way of the bearish story. now, i will tell you on any given day, we're capable of a serious swoon and we are due for one. holy cow. maybe dow and intel not so hot tonight can cause one sell, sell, sell. this feels like a moment like the mid 1980s where the bulls areaa lay boeing. it seems like when i was a young, curly haired kid. i want to see the amazing con colombia ra glomerate. one of those rare things, when you can get an audience with an investment titan. he heard i had a hot hand.
Jan 16, 2013 3:00am PST
their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> that's a real ad. that, my friends, is political pornography. >> that's one of the grossest things i've ever seen in my life. >> i don't know what to say. joe? >> what's wrong with these people, mika? what's wrong with these people? you have children that had no say in the decision on whether their father was going to step forward to be president of the united states, to run for president, one of the most bone-crushing sacrificing things any husband or wife can do to their family. and the second they make that decision, their children and their entire family have targets on their backs. and the nra is putting something out like -- what's wrong with these people, putting out apps that 4-year-olds can play on the anniversary of the newtown murders, and now putting out an ad talking about the president's daughters? >> they are out of step, out of the mainstream, totally out of sync with what's going on in our society. and quite f
Jan 17, 2013 10:00pm PST
tax cuts for the rich. they have to understand that they want government to do things like help the hurricane victims which most voted against in the case of sandy. they need more moderate people to vote in the republican primaries.
Jan 20, 2013 5:00am PST
be deductible against their federal taxes as were the dollars bp paid for the clean up. it's something congress needs to stop if it comes to that. at the same time, the largest six banks and the power they have, we need to break up the banks. >> i agree. congresswoman? >> you should know in 2005, i pulled together several members in congress to form a caucus. we realize the economic policies and foreign policies of the bush administration would lead to a spike in poverty. unfortunately, now 50 million people are living in poverty. 16 million are children. we passed a bipartisan resolution to cut it in half now we need a national strike that di- and plan to end poverty. it's a shame and disgrace 50 people in america are living in poverty. >> real fast, when the roe v. wade decision came down, the lead sentence of the story was finally settling a long contentious policy debate in america. not so much. >> nut sg settled in politics. i want to thank my guests today. bill burton, sherrod brown. thank you all. our thanks to everyone here at the washington bureau for amazing hospitality during our vis
Jan 13, 2013 3:00am PST
taxes, pay their flood insurance, pay their home owners insurance and are now paying rent on top of everything else. they have the money, i'm sure each and every one of them got their christmas bonuses we're sitting here, sitting here trying to do everything ourselves. >> alisyn: they have been waiting a long time and obviously very angry. the house of representatives are set to vote on the 51 billion dollar release bill on tuesday. this is good news on the condition of former president george h.w. bush. last night a spokesman for the 41st president said he could be released from a houston hospital this week, and president bush's son jeb is more optimistic and he says he thinks his father will go home tomorrow. the 88-year-old was admitted for a bronchitis related cough. >> mike: what a night if you're a football fan. if you watched the broncos-ravens game. >> tucker: no. >> mike: it's an instant classic, we'll see it over and over again on espn. under a minute to go, ravens q.b. flacco hits the hail mary kind of pass and i don't know how he got behind the defense, in overtime pe